Tag: scrap prices rise

Scrap supply tightens; market uncertainties drive caution China’s return post-LNY could push down scrap prices Turkish deep-sea imported bulk ferrous scrap prices rose by $6/tonne (t) w-o-w, supported by robust deal activity, which boosted seller confidence. Turkish rebar demand improved, and scrap supply tightened, pushing up import tags. In the past seven days, around 6-7…